Skycar Inventor Moller To Make Important On-Air Announcement

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Published: Oct 22, 2013 4:27 p.m. ET

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Dr. Paul Moller to make an announcement on the new Art Bell "Dark Matter" radio show regarding the future of Moller International and the Skycar air vehicle

Davis, CA, Oct 22, 2013 (GLOBE NEWSWIRE via COMTEX) -- Paul Moller, President and Chairman of the Board of Directors for Moller International, Inc. (MI) (otc-qb:MLER), and developer of the Skycar, a vertical take-off and landing (VTOL) capable, high-speed light aircraft announced today that he will be making an important announcement regarding the future Moller International and the Skycar volantor air vehicle on the "Dark Matter" radio program on Tuesday, November 5, 2014. The radio program, part of the SiriusXM Satellite Radio network is hosted by veteran radio host Art Bell, and can be heard from 10 PM to 2 AM Eastern Time (7PM to 11PM Pacific). The show is available to satellite radio subscribers, or available for free on the Internet at http://www.siriusxm.com. The Dark Matter program marks a return to the air of popular radio host Bell, and even though he's interviewed him many times previously, marks the first time that Dr. Moller will appear on Bell's new radio program.

Dr. Moller will be Bell's only guest for all four hours of the program, and listeners are encouraged to write to the show with any questions for Dr. Moller or call in to their toll-free listener line to ask questions on-the-air on the day of the broadcast.

Dr. Moller is also scheduled to appear on several other programs throughout the month of November; however Dark Matters is the first program to interview him following his official announcement.

About Moller International (the "Company")

Moller International was created in 1983 when it was determined that a practical VTOL aircraft (a "volantor") was possible due to the development of a unique rotary engine by Dr. Felix Wankel.

In 1985 the Company acquired the entire rotary engine assets of Outboard Marine Corporation (OMC) who had produced a rotary engine to power their snowmobiles and outboards. In 1989 the Company flew its rotary engine-powered Neuera volantor before members of the press. The Company then began the development of a high-speed volantor, which it called the Skycar(R). A four-passenger Skycar(R) volantor was flown in 2001 before the Company's stockholders.

The Company also developed a number of unmanned aircraft utilizing its rotary engine and flight control system (FCS). These aircraft (called Aerobots(R)) were developed under contracts with NASA, NOSC, DARPA, NRL, Harry Diamond Labs, Hughes Aircraft Company, California Department of Transportation and the US Army, Navy and Air Force.

Products in development include the Skycar(R) 400, Neuera and newly designed one- and two-passenger models of the Skycar(R) Light Sport ("LS") series.

Safe Harbor Statement

Except for historic information contained in this release, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the company's ability to attract qualified management, raise sufficient capital to execute its business plan, and effectively compete against similar companies.

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